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Aug. 10, 2020, 6:12 a.m. EDT

Applicant Tracking Systems Market Size, Demand, Cost Structures, Latest trends, and Forecasts to 2025

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Aug 10, 2020 (AmericaNewsHour) -- Increasing need for cost reduction, demand for strategic and improved hiring decisions, and involvement of social media for recruitment purpose are the major factors which are driving the growth in the Global Applicant Tracking Systems Market. An Applicant Tracking System (ATS) is a software which can be used to recruit employees efficiently. It is used to post job openings on a website or in job portals for screening resumes as well as to create interview requests to deserving candidates via e-mail or other communication channels. Some of the other features of ATS includes Individual applicant tracking, automated resume ranking, pre-screening questions, response tracking, multilingual capabilities requisition tracking, and customized input forms among others.

Request To Download Sample of This Strategic Report:  https://www.kennethresearch.com/sample-request-10013303

The regional analysis of Global Applicant Tracking Systems Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deployment:

*Cloud
*On Premise
By Organization Size:

*SMEs
*Large Scale

By Industry:

*Government
*IT & Telecommunication
*Manufacturing
*Others

By Regions:
*North America
o U.S.
o Canada
*Europe
o UK
o Germany
*Asia Pacific
o China
o India
o Japan
*Latin America
o Brazil
o Mexico
*Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2015, 2016
Base year - 2017
Forecast period - 2018 to 2025

The industry is seeming to be fairly competitive. Some of the leading market players include Findly Talent LLC, Oracle Taleo, iCIMS, Workable, BambooHR, Cornerstone OnDemand Inc., ExactHire, IBM Corporation, Jobvite Inc., Lumesse Limited, Paycor, SAP (SuccessFactors), Workday, Inc., ApplicantStack, Hyrell, ICIMS, Inc., ClearCompany and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Applicant Tracking Systems Market in Market Study:

*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Venture capitalists
*Value-Added Resellers (VARs)
*Third-party knowledge providers
*Investment bankers
*Investors

Request To Download Sample of This Strategic Report:  https://www.kennethresearch.com/sample-request-10013303

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609

The post Applicant Tracking Systems Market Size, Demand, Cost Structures, Latest trends, and Forecasts to 2025 appeared first on America News Hour .

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